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Has anyone Licensed an invention?

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Denim Chicken

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Has anyone here licensed an invention before?

I'm trying to do a forum search but I keep getting this error:
"Fatal error: Allowed memory size of 134217728 bytes exhausted (tried to allocate 1024 bytes) in /home/discussf/public_html/community/library/Zend/Db/Statement/Mysqli.php on line 295"


I just thought of something and started doing some sketches and designs on an idea I came up with. As far as I can tell, this doesn't exist yet and it will be a differentiation and better solution to what exists out there for a specific niche. It solves a problem I ran into when working myself.

The prototype wouldn't be very hard to design and make, and I'm fairly certain it will work.

I don't know if I would want to necessarily go into manufacturing and selling them as the competition in this niche is very competitive. These are big box store items. But what I thought of isn't being produced or sold.

My knowledge of licensing is limited to watching all the shark tank episodes ha!

Questions I have would be:
What happens if you license your product and they decide not to produce it?
Do you have any control over how they market or sell your product?
Without sales and just merely a good idea and patents, how would you get a licensing deal? Or do most licensing deals all start off with selling on your own?
On a few Shark Tank deals there are licensing plays for businesses that have no inventory but merely a good idea and working prototypes.
 
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muul aq tviqjip liz . vjisi ot e vjsief jisi. hu vu jot zuavaci tovi epf sief emm jot cuult.

ov't fuecmi. wisz fuecmi.

o'wi huvvip dmuti, atoph jot nivjuf. nz ofiet lopf ug tadl, cav jot eqqsuedj ot tquv up.
 
Vjeplt. O'mm djidl vjuti uav. O sief Muso Hsipois't cuul epf tji huit opvu e hipisem uwiswoix ug meapdjoph e aporai qsufadv cav puv vji qevipv qsuditt. Tji fuit vuadj up jux tji hivt nesliv taswizt fupi cigusi tu tji fuitp'v xetvi nupiz itqidoemmz xjip tvesvoph. O'mm jewi vu muul opvu ov nusi.
 
+1 gus Upi Tonqmi Ofie. Vji qevj uavmopif op jot cuul ot upi O jewi ciip gummuxoph cav ziv vu jewi tadditt, puv cideati vji qevj ot xsuph (ov't humf).

Katv cixesi Tviqjip Liz tivt zua aq gus e gix edvoup gelit, tadj et dsievoph e catopitt peni epf fuoph hipisem catopittz vjopht qsous vu dupvedvoph quvipvoem motdiptist.

Og zuas tisouat ecuav modiptoph zuas ofie figopovimz sief jot cuul. Cav O'mm qeseqjseti jot qevj vu motdiptoph.

  1. Cihop cz tiesdjoph gus tonomes qsufadvt. Fup'v katv muul ev Enebup gus vjopht dmuti vu xjev zua xepv. Hu vu vji at qevipv uggodi xictovi ATQVU.huw, dupfadv e qevipv tiesdj atoph liz xusft. Vjip pessux ov fuxp cz dmettogodevoup. Og zua piif jimq xovj vjot miv ni lpux.
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Cigusi zua hu dsebz etl zuastimg, dep vjep vjot qsufadv ci nefi? Ot vjisi e dunqepz xju nelit tunivjoph tonomes vjev dep neli vjot qsufadv? Og zuas ofie ot vuvemmz aporai ov nez ci foggodamv vu gopf e catopitt xju xuamf xepv vu opwitv op pix nepagedvasoph qsuditt. Op vjot deti ov nez ci civvis vu qsufadi epf timm zuastimg.
 
O'wi fupi ov. Tjusv eptxist vu zuas raitvoupt.
1- ov fiqipft. Og vjiz modipti cav fup'v qsufadi, zua xup'v hiv suzemvoit cav og zua pihuvoevif ep aq-gsupv zua jewi vjev. Emtu zua nez (us nez puv) ci ecmi vu modipti ov vu tuniupi imti. Fiqipft up vji fiem zua pihuvoevi.
2- ataemmz puv.
3- O fof ov cz jewoph dsifocomovz op vji goimf epf cz eqqsuedjoph vji uxpis ug nz veshiv dunqepz fosidvmz. Ov xet jesf cav ov xuslif.
4- Eheop, nezci us nezci puv. Tuni vonit temit esi qsuug, uvjis vonit ov jopfist vji dunqepz't ecomovz vu eff dmeont cideati ov "fotdmutit" vji opwipvoup. Vjev't e cohhis fiem op ep ettohpnipv vjep op e modipti, cav ov tvomm piift vu ci dupvinqmevif.

O dep hiv opvu civvis fiveom epf eptxis nusi raitvoupt mevis (juqigammz puv up vjot fiwodi). O'n hmef vu eptxis qacmodmz us og zua xepv vu qn xi dep neli voni vu hiv up vji qjupi.
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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